Median Earnings (1yr)
$69,965
95th percentile
80th percentile in Illinois
Median Debt
$22,125
12% below national median

Analysis

Loyola University Chicago's accounting graduates earn $69,965 one year out, placing them in the 95th percentile nationally and 80th percentile among Illinois accounting programsβ€”impressive positioning that nearly matches elite state competitors like Illinois Wesleyan while maintaining manageable debt levels. With first-year earnings 30% above the national median and 27% above the state median, this program delivers substantially more earning power than typical accounting degrees.

The financial picture looks particularly strong when you consider the debt load. At $22,125, it's below both the state and national medians for accounting programs, creating a debt-to-earnings ratio of 0.32β€”meaning graduates earn more than three times their debt in the first year alone. Earnings continue climbing to $82,642 by year four, though this 18% growth rate is solid rather than exceptional. The moderate sample size of 30-100 graduates provides reasonable confidence in these figures.

The real value here is geographic arbitrage: Loyola combines an 81% acceptance rate with near-elite earnings outcomes. Your child can avoid the ultra-competitive admissions at UIUC while still landing in Chicago's robust accounting job market with only slightly lower earnings. For families prioritizing both admission certainty and strong financial returns, this program hits an unusually favorable sweet spot.

Where Loyola University Chicago Stands

Earnings vs. debt across all accounting bachelors's programs nationally

Earnings Distribution

How Loyola University Chicago graduates compare to all programs nationally

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
Loyola University Chicago$69,965$82,642+18%
Illinois Wesleyan University$70,831$85,000+20%
University of Illinois Urbana-Champaign$74,731$80,736+8%
DePaul University$69,250$80,614+16%
Dominican University$57,187$76,672+34%

Compare to Similar Programs in Illinois

Accounting bachelors's programs at peer institutions in Illinois (42 total in state)

Scroll to see more β†’

SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Loyola University ChicagoChicago$51,716$69,965$82,642$22,1250.32
University of Illinois Urbana-ChampaignChampaign$16,004$74,731$80,736$20,5000.27
Illinois Wesleyan UniversityBloomington$55,704$70,831$85,000$27,0000.38
DePaul UniversityChicago$44,460$69,250$80,614$24,5000.35
Bradley UniversityPeoria$39,680$65,842$72,938$26,9250.41
University of Illinois ChicagoChicago$14,338$65,680$67,984$18,7500.29
National Medianβ€”$53,694β€”$25,0000.47

Career Paths

Occupations commonly associated with accounting graduates

Financial Managers

Plan, direct, or coordinate accounting, investing, banking, insurance, securities, and other financial activities of a branch, office, or department of an establishment.

$161,700/yrJobs growth:Bachelor's degree

Treasurers and Controllers

Direct financial activities, such as planning, procurement, and investments for all or part of an organization.

$161,700/yrJobs growth:Bachelor's degree

Investment Fund Managers

Plan, direct, or coordinate investment strategy or operations for a large pool of liquid assets supplied by institutional investors or individual investors.

$161,700/yrJobs growth:Bachelor's degree

Financial and Investment Analysts

Conduct quantitative analyses of information involving investment programs or financial data of public or private institutions, including valuation of businesses.

$101,910/yrJobs growth:Bachelor's degree

Financial Risk Specialists

Analyze and measure exposure to credit and market risk threatening the assets, earning capacity, or economic state of an organization. May make recommendations to limit risk.

$101,910/yrJobs growth:Bachelor's degree

Financial Examiners

Enforce or ensure compliance with laws and regulations governing financial and securities institutions and financial and real estate transactions. May examine, verify, or authenticate records.

$90,400/yrJobs growth:Bachelor's degree

Budget Analysts

Examine budget estimates for completeness, accuracy, and conformance with procedures and regulations. Analyze budgeting and accounting reports.

$87,930/yrJobs growth:Bachelor's degree

Business Teachers, Postsecondary

Teach courses in business administration and management, such as accounting, finance, human resources, labor and industrial relations, marketing, and operations research. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Accountants and Auditors

Examine, analyze, and interpret accounting records to prepare financial statements, give advice, or audit and evaluate statements prepared by others. Install or advise on systems of recording costs or other financial and budgetary data.

$81,680/yrJobs growth:Bachelor's degree

Tax Examiners and Collectors, and Revenue Agents

Determine tax liability or collect taxes from individuals or business firms according to prescribed laws and regulations.

$59,740/yrJobs growth:Bachelor's degree

Bookkeeping, Accounting, and Auditing Clerks

Compute, classify, and record numerical data to keep financial records complete. Perform any combination of routine calculating, posting, and verifying duties to obtain primary financial data for use in maintaining accounting records. May also check the accuracy of figures, calculations, and postings pertaining to business transactions recorded by other workers.

$49,210/yrJobs growth:Some college, no degree

Payroll and Timekeeping Clerks

Compile and record employee time and payroll data. May compute employees' time worked, production, and commission. May compute and post wages and deductions, or prepare paychecks.

$48,650/yrJobs growth:High school diploma or equivalent
About This Data

Source: U.S. Department of Education College Scorecard (October 2025 release)

Population: Graduates who received federal financial aid (Title IV grants or loans). At Loyola University Chicago, approximately 23% of students receive Pell grants. Students who did not receive federal aid are not included in these figures.

Earnings: Median earnings from IRS W-2 data for graduates who are employed and not enrolled in further education, measured 1 year after completion. Earnings are pre-tax and include wages, salaries, and self-employment income.

Debt: Median cumulative federal loan debt at graduation. Does not include private loans or Parent PLUS loans borrowed on behalf of students.

Sample Size: Based on 64 graduates with reported earnings and 88 graduates with debt data. Small samples may not be representative.